Meet Chikun.Market - Litecoin Ordinals marketplace

Recorded: Feb. 2, 2024 Duration: 0:59:48

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even make the deal. I thought you said you had a girl on the
right field. Always in my face. Talking, listening. Girl, I had
to buy some rims for the cash back. You brag clean, but your
gas tank is on me. Be stepping out ain't got no teeth and shoes
on your feet. That's just a meter, bro. You don't know what
you're talking about. Anyway, the new choice better come out.
Hate to see you win the club. Your mommy win the club. No one
got you bad with your boy, you're nothing but a club. But
he was with me. That's when you hate me. Cause when I got up
from your friend, you got a real real face. I sold it and I
faced drinking on the gas. My full of gold, put your ass in
some king's ass. What you missing? Gun, real messing up.
What you looking at? I don't want your phone, Lord. Please.
Chicken, chicken. Chicken, chicken. Chicken, chicken. Chicken,
chicken. Chicken, chicken. Chicken, chicken. Chicken, chicken.
Head home. See this planet. Take his white gold. See the 20
different. It's Rome, man. They both logic. I'm a post.
Granddaddy trust the DVDs. The block of bronze. Follow me from
the club to break their knees. Knowing that's all I want.
Straight out the club. The wrist is smelling right. The left
ain't no man. It's fresh. We've been in here. We didn't
We're not chicken market. Hold on. Yes.
Chicken. Chicken. Chicken. Chicken. Chicken. Chicken. Chicken.
Chicken. Chicken. Chicken. Chicken. Chicken. Chicken. Chicken.
Alright, maybe that is the unofficial term for somebody
who's user of chicken market. It's going to be chicken head.
Waiting to get him in here or her. I don't know who this is at
chicken market but they're trying to get logged in so I'm
not sure what the issue is but anyway, I think it'd be a good
time to start. I actually went on there today and I bought a
couple couple more sad frogs. I now have you can know three of
them. I'm becoming a sad frog maximalist but the process was
super easy. I gotta say the thing I was if you guys don't
know, obviously, let me let me let me back up right. We're
talking about like ordinals and I think it was about a month
ago, a month and a half ago. I was kind of frustrated the fact
we didn't have a really good marketplace and thankfully
someone went out and mimicked that doggy dot market with
chicken dot market. And it's starting to see some activity.
So, like I said, I went on there today. 84 is enough who
comes into the spaces created sad frogs and I went through
the process of just buying them, you know, integrated the
light scribe wallet. It was super super quick and easy. I
don't think the fees were that bad. It was maybe like three or
four bucks or something for fees. Somebody can correct me
if I'm wrong on that but yeah, I kinda wanna get to know who
this person is. No one seems to know who chicken market is and
I don't even know either which it was kind of interesting to
me that nobody knows in our circles. I would think somebody
would have an idea but anyway, why indigo? Why don't you come
up since you're kind of in this world if you can get on mic
before chicken market comes in here. Maybe while we wait, you
can give us an update on some of the other things you're doing
with M web while we wait. Come on. Come on indigo. Maybe you
can't but yeah, so just to give you guys a quick rundown of it.
I here's questions I have. Maybe you guys can give me some
questions that you have. You can even just send them to me in
DM but I don't know. I don't understand light maps at all. I
kinda wanna learn about those are kind of strange to me but
and I know LTC 20s aren't on there yet but okay indigo,
you're up here. What's up, man? Can you talk? It's gonna be a
little tough. It's windy and they're cold war not right now
but. Yeah, where you at? Ice fishing or something? No, just
walk around the neighborhood right now. Yeah, so what am I
doing? What have I been up to? How you guys been? Working on
Yeah, no, we're just. Man, really good progress with
donations for LTC Suite with Limbo Limbo. Hector's working on
it. I'd say he is right from what I've got. He's like,
there's still a lot of tests to be done. There's still a lot of
work to be done but he's made a lot of really good progress on
it. We've raised I wanna say like 57 Litecoin so so far.
That's like the highest bounty we've collected for any
project which is pretty cool. What like in the history of
Litecoin Foundation? I hope not. Just you guys. Just you
guys. Let's put it that way. Yeah, that's great. That's
pretty cool. And yeah, no, obviously with like what David
Brickette, how much they've raised for development in
supporting his his work has been huge. Like so far, that's
gonna be a long way before whatever I help manage is tops
it but. Yeah, what else? Sorry, can't think off the top of
my head. Well, still cuz you know, since since the way I know
a lot of you guys if you're in here specifically for chicken
market, then we're just gonna have to wait. He says he's
trying to connect. Who knows? Maybe this is just a big troll
by him to get some attention and not actually. Actually
show up. I'm gonna ask him for any more updates but since
we're since you're in here, I know you're walking maybe just
off the top of your head you can. If I'm looking at your
light that space, the different things you're working on.
What can you can I get a brief rundown of what you're like? It
looks like you have like eight or nine projects. When so
something like Electrum is that just to kind of upgrade
Electrum? Same thing with Lightwall or is this just kind
of general funding for the team?
Yeah, so it's kind of a combination of two general
funding for the most part and then specific bounties as well.
We're still, you know, trying to figure out the best approach
to this. If we should just do a general fund and work it out
like we should do like specific therapies. So it's we're just
kind of filling it out in that regard and and just trying to
see what works best. It could just be a combination of the
two. So yeah, I guess that's how I could what I gotta say
about that but. Yeah, there's quite a few projects on there
that we're trying to help support and drive donations to
and support the contributors working on it. Yeah, right now
it's really just filling it out to be honest and just seeing
what works and what doesn't. It's interesting to see like
certain projects. Like what's funny is like you have a general
fund that's gotten almost no donations and people do want to
donate towards specific things. So like this I think that kind
of tells you this this was a good idea to advertise what
some people can feel like they're contributing to the
things they care about, you know, and it's almost like a
a way for the community to communicate. This is what
actually we care about. These are the things we don't care.
You know what I'm saying? Yeah, no, definitely. It's a good
way to get feedback on that. As you just said, I completely
agree. But still too early. I think there's still a lot of
things that could that could really help and even the
general funds. I think yeah, it's really like positioning
within there where the first thing that you guys see. And I
don't know. I can't think to be honest. I really can't think
right now, but it's just fine tuning it at this point. Right.
Yeah, no, they're good. Well, so can you? All right. Can you
tell me? I hate to put you in this box. I know you didn't come
in to talk about this stuff, but like what's the Litecoin
development kit? What does that mean? Because I've heard
because I'm not a I'm not a developer at all. And I've heard
of something like isn't there something like a sieve kit or
something like that? Or what are these? Are these just tools to
like streamline the development process? Or is it like a
gathering of various developments to streamline them
in a way? Yeah, so with Litecoin development kit, that's
well, Bitcoin development kit, but it's mostly written in Rust
for some reason. I don't know really reason why, but Rust
seems to be very popular with a lot of crypto developers in the
space. So having a kit for them to build with what they're
familiar with or what they like to work with, which is the Rust
programming language. And this this developer kit built by
Bitcoin, a bunch of Bitcoiners is is designed to make it a lot
easier for engineers to develop wallets for Bitcoin. So we're
just going to take that basically and implement it and
do the same thing for Litecoin. So that Rust developers are
working on wallets for Litecoin will have this full entire suite
of development tools. So is it kind of like they can build,
they can more quickly build off the work of others so it so they
don't have to like redo all the work that's been done by
somebody else elsewhere. They can just patch in a block of
exit. It's like taking a I'm equating it to like building a
car like rather than having to rebuild the I don't know the
catalytic from from raw from scratch. They just patch one in
this already exists and it'll it'll plug in directly what
they're already doing. Yeah, I would think of it as like the
factory that builds all the cars and let's just say each car is a
wallet. That's one way to do it. And so there's that LTC suite
with what Hector's working on is the same thing. Very similar
but for Go, the Go programming language. Okay. And so yeah,
it's it's just building out the factory, I guess you can say
that developers use to build the cars. Okay, cool. Well, thank
you for filling a little time. I won't put any more pressure on
you because now the person of the hour, I'm not I don't know
this is yet. Chicken market. I'm wondering chicken market if
I'm going to recognize your voice. I'm I'm waiting for it.
Have you ever been on spaces before?
Oh, see your your are you anonymizing your voice? Oh,
that's correct. I'm pretty good at picking up on things. So
hey, man, how you feeling? It's been pretty good. Pretty good
couple weeks, right? Oh, yeah. So we've been on the
development since the beginning of the year, we found kind of a
space or a government market that we wanted to fill. We got in
there and release this product, which we thought we use the same
UX that I don't even know if it's easy. Well, yeah, because
it's probably considered the best. Oh, it's marketplace UI
in the market. Currently, it's simple to use. You can buy in
bulk. Well, on your market, you can implement that soon.
But yeah, we find that it's UI was interactive. And we use it
and we're going to use the same playbook that they're using to
deal with the sale amount of place.
All right. So did you all right, I'm going to I'm going to
ask you straight up because I was like six weeks ago, I was in
spaces like pissed off. There wasn't a good marketplace. And
I was like, dude, why don't we just take doggy market and copy
like how hard is this? Did you hear me say that? No, I did not.
Damn. I thought maybe I inspired. Okay, that's a general
interest that people were come feeling that there wasn't good
marketplace. Well, because there was I remember I tried to reach
out to the doggy market guy and like, dude, what would it cost
to make the place like, I don't know, because I because I was
not heavily involved in these things. And I went to go buy an
LTC 20 token. And I was just like, just the process was
really clunky. And I was unsure like I was trying to make the
transaction kept sending in enough money in my wallet. And
I had plenty and I didn't know why there was it was just it was
a bad experience. And I was looking at all these other
marketplaces. And I'm going, dude, how we're just like wasting
away here, right? Like, here's a there's plenty of block space
people can build and do a lot of fun stuff here. And they're
just not doing it because there's not a there's not a
marketplace. So so I guess in short, thank you for getting it
done. Has it been harder than you expected? Has it been has
it been running smoothly? What are some of the things you've
been running into? Oh, we lost him. What does that what's I
have to say about chicken market if he can't even be on
spaces? But but I kind of want to wait till he comes back in.
But I was going to compliment the experience. Have you been on
their chief? I know you're saying you were buying some
stuff, right? Yeah, I'm at work right now. So I got to make this
quick. And I just want to say that the experience is really
great. It's better than any other market that I use. So I'm
glad they brought this to the Litecoin blockchain. So I hope
you get some help with the perfect space to ask for help
if you need some help here. But yeah, I have to cut this short
because I might work.
Yeah, no, it's cool. He fell off. He fell off. So he can't even
hear you.
He will. He will. I don't know if it's the spaces itself have an
issue, but I would like to learn a little more. If anybody in the
audience here, he's coming back. But if anybody in the audience
has any feedback on specific I'm interested in like light maps
and how those all work and stuff. But let me you know, I'm
going to rebroadcast this out. Hang on a second. Well, anyway,
go ahead. Check out why I lost you. I didn't even look the
space. It was working the entire time. I don't know why I dropped
out. Your your whatever fell off. So hang on. I'm gonna try
to. Well, so yeah, I was asking you like, how is it? How's the
experience been in building the site? Has it been? Have you run
into many bumps? Or was it? I mean, did you? Are you able to
copy it somehow? Or are you pretty much just looking at what
they have and trying to just mimic it? And you just know how
to, you know how to build it from scratch kind of thing?
Yeah, so we have our second full experience of you building SaaS
applications. So building something like this is not
difficult for us. What is difficult is getting things
right and making bug free and easy to use. And that's something
we're still working on making sure that the wallet connectivity
is good. And everything is working. The listeners are being
delisted correctly when they're spent, not on our site, but
somewhere else. So we're fixing that issue. And a bunch of other
small things that will help improve the user experience.
Alright, well, can you? Okay, do you know much about the
underlying market? Like, are you have you been in the, I guess
the ordinal marketplace a lot so far? Or are you just a developer
or are you a, are you an enjoyer or just a developer?
So we are both. So we've been in crypto for a long, long time.
We've seen things come and go and we try to exploit
opportunities with their eyes. And this is one of them.
You say we how many are how many are there?
Oh, come on.
Well, I know I can tell you're Australian. That's all I can
tell. No, everybody's been very, very, everyone was
messaging me because I had gone on that rant like, do you have
anything to do with this? Do you know who this is? I'm like, I
have no idea who this is. So you've definitely taken people by
surprise. How about that? But in a good way, we're all happy
for it. And chief, before he left, he before you fell off,
I don't know if you heard his compliment.
Oh, we heard it.
Yeah. So, okay. Let me start out with this. What the fuck is a
light map?
We still don't know ourselves actually. So basically, it's,
it's a piece of text that you inscribed onto the blockchain.
There only can be one of each number, but you can only
describe it lower than the current bullet pipes. Otherwise,
it is invalid.
Well, right now, it's the block height is the block height.
Yes, the block height. So currently we're up to 2.5
million, 2.6 million or something, one coin. So you can
describe up to the very last block as it's been mined.
Block height number. And then you keep that, but she was you
can do what you want with it right now. It's an ever going
supply of 2.6 plus million, I guess, inscriptions.
Okay. Well, so I know I've seen some of the other ones where
they have almost a graphic associated with it, where it's
taking like a snapshot of the block activity, I think, if I'm
not mistaken.
is what you know, you know, I mean, when I said that might
be like, right? Yeah, so they then linked the block height to
an image. So they come up with that image themselves. But that
image isn't abstracts anywhere. It's generated on the side.
Okay, so it's just kind of like pulled from somewhere, but
nothing. Exactly. And the number itself. Yes.
Alright, interesting, because I'm looking at these Dogecoin
ones and they got looking like some of these transactions only
have like nine or some of these blocks only have like nine
transactions. That's weird. But anyway, all right. So, again,
people, if you're out there, and you want to learn, please come
ask because I'm, I'm just new to this. So today I went and
bought a couple of sad frogs in order to experience it. And it
was super smooth, man. Like way easier. Your fees are what, like
three bucks right now, something like that.
It's 2.8%. So there is one we need W.
Oh, okay.
And then we use that for feature development.
Well, so what are some of the things you're working on? Are
you gonna end up with like some filtering in the future or
anything like that?
So that would be coming soon, right? Then only just find the
game with our parody with Donkey Market. Now I'm so have all the
exact same features that they have. We also want to include a
built in web wallet for those having difficult, I mean, issues
with the light stripe wallet.
You are having issues with it.
People are not me in particular haven't run into these issues
personally, although it's a bit slow because the back end isn't
working quite well at the moment. I think they keep going
down like it doesn't pass the day. But other than that, I'm
hoping you had a good experience.
yeah, it was I mean, it was like I said, I didn't, I didn't have
any hiccups at all. I had to the only thing I had to do was,
this is kind of on me. I'd like refresh the wallet so that the
balance when I made a deposit to it, the balance came in, right?
Because it just said zero, even though I'd updated it, just had to
refresh the connection. But I was like, I mean, whatever, two
seconds, but I like that you can look at, you know, it's just
it's far better than what was existing. So that's what I'm
happy about. You've made my day. Maybe this is just me being
happy about it. We're just gonna talk about what you've done such
a great job. So when when I guess the next thing would be
all right, maybe you give me a roadmap is LTC 20. Next LTC 20
will be available as soon as
I was a guy developing. But he said it's very well isn't quite
soon. So soon as he's done, we are going to get that on our
site. We'll hopefully get it to a point where it's but for an
issue theory, I know they've all TC 20 in the light taken of
how do you choose in the past with indexes being wrong, say
one, make sure we get it right. Well, I think the doggy market
are the Dogecoin
BOSV 20 is even perfect. There is in an open index from what we
can say the only open one is on Bitcoin. So who knows if you
tried invalid stuff with Dogecoin, you can't really trust
it. So we don't want to end up in a situation where we have to
refund us and that's not what we want to give you.
Right. That's cool.
As soon as it's ready. Yeah.
That was the thing for me with the tokens. I was like that was
the first that's what I was trying to get to because I
thought I was be kind of fun. Let's I'm still trying to figure
out how to mint the goddamn token. And I know I've been busy
and people have offered to help but I haven't I suck at
developing so I'm like the last person to get this stuff done.
But yeah, I want to start minting stuff out of my own
white coin core. And yeah, getting them listed have a
marketplace for him, you know.
So what are you? How long you been in crypto? You said a long
time, a decade.
I've heard decade.
Well, you're not good traders.
You're ahead.
We are not good traders. So that's why we're developing
these small projects.
The place to be saying the exchange.
That's it.
I want to be going to get paid for the tools.
All right.
I'm hoping people will come up and ask a question. Chief, can
you still hear you got a question at all or no, or just
compliments? I know you're working.
All right.
All right, well, what else are you working on? I mean, well, I
mean, I want to give you guys opportunity. Let me know what,
what's good? What's bad? What are you? What would you want? I
mean, I like going community, you know, is this is all kind of
new to us, you know, there's some people that are starting
it into it. I'm kind of one that's like, I do enjoy it. Like
I haven't gotten a PFP yet. But I'm like, you know, maybe I might
pick up one of these moonbirds or something and
obviously, they're all derivative or
though. Well, I'm going to pick what you want. There's so many
to pay from lots of under 10k, instruction number
instructions out there, which is what I hear the people are
going for these days. But um, yeah, we just want to provide
people with good selection from the window. We don't want to
put all the junk in there. We've got people.
Oh, yeah, that was that was something I didn't want to ask
you about. So a filtering process, because like, there's
light rocks, and there's light coin rocks, there's light coin
punks, and there's light punks. And like, how do you prevent? I
guess, what do they talk about? It's like you got it, you got to
prevent the mimicry, right? That people just like, could I
create light moonbirds and put it on there and confuse people?
Um, could potentially, but it wouldn't be the same collection.
Like every
Laura, but how do you guys have any way of filtering that like
what, what you're allowing on there and what you're not.
So we're trying to avoid copycats at the moment, we'll
just get everything on there with low instruction numbers
first. And then anything else that comes along. Well, we'll
add as we as we feel to pick and choose. Basically, what things
is a good way to grow community. I want to throw everything up
on the board. Well, it's kind of like open season, it's early
days, those registration process and everything. Okay,
if I have that same experience and limit the ability for the
user to purchase something that is not what it claims to be.
All right, play Jose here. Go ahead. Jose, you got a question?
What's up, man?
Hey, yeah, thanks for having me up. I was just wondering, chicken
in the marketplace. How does the, how does the listing work?
Like do we, do we send the ordinal, I guess, to like, like a
contract that or a wallet that has control over the sale or the
redirect from one wallet to another? Or do we authorize, you
know, like, like the sale wallet to make the exchange for us?
So in Bitcoin, Litecoin, Dogecoin, they use a different
kind of bottle to what's called the UTXO-based model. What that
means is that each transaction it creates will have an import and
output. And only the output can be spent. So on our marketplace,
we use what is called the p partially signed Bitcoin
transaction. We can call it Litecoin transaction now if you
but basically what this is, is a signed copy of a partial
transaction. So you agree to spend one output that meets a
certain criteria. And so this criteria could mean that you are
also receiving Litecoin of a certain amount to an address and
that would be signed by the buyer, you and signed the input
that sends your description to whoever signs the last part. And
when when that when the buyer comes along and joins out,
partially signed Bitcoin transaction up with his
transaction, if that output is hasn't been spent yet, and
everything else verifies like you're receiving the correct
amount of Litecoin to your address, then that transaction
will be mined. You'll lose that inscription, you'll see some
Litecoin. Happy days, everyone's happy.
Is that answer your question?
No, yeah, that's good. Thank you. So basically, we're
signing for the input output process, right?
Correct. And we still have and only get the bio to sign the
rest of it.
Awesome. Yeah, that's perfect. Thank you. I'm gonna check it
out. Definitely gonna swap. Litecoin underground, you say
it was an easy process.
Well, I haven't sold on there yet. I haven't made a listening
but to buy was like, super easy. I mean, you got to fund your
wallet and, you know, click buy, and then authorize the
purchase. But, you know, it's, it's pretty smooth. And I'll
tell you, man, like, I did a, you know, I bought a Bitcoin
ordinal, I got to be part of that.
Bond chain monkey dimensions thing. And it was such a hassle,
man. Like, not not that the experience was bad in
purchasing, but just moving Bitcoin around is such a hassle.
And like today, I was moving some Litecoin from a wallet. And
you know, I don't have to worry about like, well, how much am I
gonna spend? I don't want to send a whole bunch. I don't want
to send too little, because I send too little and I got to
make another trade. Like if I was in Bitcoin, I'd be like,
okay, I gotta make sure I got to figure out how much am I going
to spend before I can even send fund my LiteScribe wallet or
Bitcoin, whatever that is, BitScribe wallet, or leather, I
guess I have leather. But the time for that, and the cost is
such a pain in the ass. So so much more fun on Litecoin.
Because yeah, you're like, Oh, if I accidentally under fund,
I'll just go send another whatever. It costs me nothing to
do it, right? So it's just such a different experience. And I
think that will that's probably why doggy market is is popular
and why this will become popular, because it's a little,
it's a little more about just the fun of it. The cost of
actually doing the doing business isn't that bad, right?
So when the when the cost is life of fees, it's a lower entry
point for everyone to get involved. When obviously it's
such some Bitcoin at the moment, because it's such high barriers
when sell like $3 might not seem like much to your needs, but it
does. It's a lot to one of people out there.
Well, and so
Well, it's a pain in the ass and the time is a pain in the ass.
Did I? My buddy came over, he was moving some coins sucks.
He's like, so he has no technology ability at all. Like
the guy doesn't even have, he didn't get a cell phone to like
five years ago, right? And just we literally had to wait and
Bitcoin had like a 40 minute block and I'll send his money.
And he's like, he's like, well, I want to wait till it's there.
I'm like, dude, it's gonna be there. Like, I don't have to
tell you just it's in the mempool. You're good to go. And
he's like, well, I just want to wait and see. I'm like, but you
know, blocks kept then like the fees went up. So he kept getting
pushed down the line. All sudden, he's like, gonna be four
blocks away. Anyway, I'm like, dude, just leave. I don't want
you to sit here for three. It could be weak. Who knows? If
these keep going up, it could take you forever to get into
this onto the blocks. So having that capacity and be able to
really just buy it and have it within a couple minutes. Nice.
It also seemed like you guys, and that might be a light
scribe thing that it pretty much recognized the coins as good
right away. Like even before I had a confirmation maybe, or
maybe one confirmation is all required. So that was, that was
also super nice. I didn't have to wait 10 minutes or something.
Um, yeah, we we definitely use one confirmation. We might step
up a couple for all TC 20. Because very old still happen.
They're rare. But maybe, maybe for the good of the community,
will increase a little bit and make them a little bit longer.
Probably not that fast. Um, but we will do want to avoid those
issues as well where someone thinks they've received
something and then it disappears because of a real old.
Oh, that sucks. Yeah, I've heard a lot of the sniping and stuff
too, which where someone's trying to mint a token and
anybody who's kind of checking out the mempool can get in there
and, uh, pay a higher fee and get their mint in first. You
heard about, I'm sure you've heard about that.
Yes, it's probably similar to the feeling.
Yeah. So hopefully if we have blocks moving quickly, they'll
only have a couple minutes to do that and won't, won't have it.
Although if you, if you don't have full blocks, here's a,
here's a question for you. If there aren't full blocks, can you
still do that? Like if two people try to mint on the same
block, what happens in that scenario? Is it timestamped?
Like who entered the mempool first?
Um, so the way it works, the Bitcoin and white coin is that
when the block is mined, all the transactions will be put in
order. And so, yes.
And the order in which they entered the mempool?
Um, in the order in which the block was mined. So I think it's
by fee priority. But if they have the same fee, then there's
some markets to choose which one goes first. It's probably
run by timestamp.
Right. There's like maybe a default block organization.
Structure. Interesting. I never, that's something I never would
have thought about.
Well, I do have a question because I know one of the things
that came up, a lot of people were asking you guys about
making a collection or like submitting a collection that
they had. What is that process? Or like, what's the criteria?
You guys just kind of, uh, well, yeah, walk me through, walk
me through the collection, creating one.
So creating a collection is quite simple. What you can do
is have the images ready. And if you use your own ordinals
client and scribe them directly onto the blockchain, once
they're in strides, you can provide chicken market with a
list of these inscription IDs, as well as the inscription
number, um, in the Jason formats, that's my claim labs
hands to belt. Well, they copied from ordinals market or
whoever they need, but still we, we use that Jason file and
convert it to our database formulas and upload it onto the
site. Well, and that's a collection name, obviously we
pick and choose moves collection. We want to, um, well,
yeah, that's a very simplified explanation of the process.
Do you guys have any like kind of criteria that people can try
to fit into? Like, are you, are you trying to avoid like really
low mint numbers? Are you trying to avoid super high numbers?
Like what, is there anything that would cause people to get
rejected or make them more likely to be accepted?
Probably in the early stage, we'll probably just avoid
copycats and stuff like that. Like if you were to tell us to
upload the entire collection of the board, board a Seattle club,
we're probably not going to do that.
Gotcha. Has that come across a lot?
Oh, it's not. I've been hoping to get people with this people
understanding of minting. It's hard. We don't want to meet
what we tell them. 10,000 of something that's already out
It's like an unwritten rule in the, in the game right now,
right? We don't want to have any legal issues with those teams
on Ethereum.
Uh, this is something that, um, again, I, I'm not technical on
the stuff. I just know I've listened to some things and I
scraped some information and maybe I sometimes it gets
jumbled. So tell me if this sounds crazy, but I know like
early on in Bitcoin, there was some, uh, discussion about
having a standard, um, maybe a standard interpretation across
all users. And is that like almost like the ordering of the
Satoshi's, there were people that were looking at them in
different ways and that caused some kind of confusion. Um, I
would say Danny from on chain monkey had said, you know, it's,
it's good if everybody's kind of on the same page as you're
building and maybe the time, maybe the fact that we've had
some time go by, like you said, if everybody's using the same
format from like coin labs or does that make any sense? You
understand what I'm saying? Like, well, there, there was maybe
some back and forth about how, do you mean how inscriptions were,
were, I guess it was almost like, how were they seen? Yes. Like
maybe there was a different interpretation. Maybe you mean
the number, the inscription number for all. Yes. Um, which is
why it had like cursed inscriptions or something like
that was true to the inscription process itself. The people were
trying to batch inscriptions together and that wasn't allowed
and when Tracy unload it, and then did this whole updates
where I've said in block five, then these would just be normal
inscriptions. But yeah, we don't really have an opinion on this.
We are just using software that is available to us. I'm trying
to make things work. It's best I can.
Are you gonna be swag? We are chicken market. That'd be a good
one. I like how you say we for everything. You want to sell
shirts and stickers and shit?
What's that? I don't know. I'm lost now. You don't want to sell
shirts. You don't need to. It's way easier to make money out
digital shit, isn't it? Exactly. We don't, we don't need to drop
shit and stuff.
I'm looking at I'm just pulled up this 3d friends. I like this
one. This is kind of cool. We think that was a copy. All the
people decide.
Let the people decide. All right. Oh, go ahead. If anybody
who's new to my spaces, I'm pretty laid back about you can
usually go ahead and just talk as long as you're not rude. But
God, I go ahead. Thanks. I was gonna ask chicken what what is
vetting process like right now for for collections, you said
you're gonna, I guess review them, you know, before you add it
add, you know, I guess projects onto the marketplace. And then I
was wondering, how would you streamline that process? Is
there going to be like, kind of like open see where you have like
verified checks for verified collections or anything like
that? What are the plans there?
Um, so we haven't thought that far ahead in the future. But
definitely, we were we are still going to enforce the policy of
not allowing copycats from the theorem might have some now,
but we might move those in future. Well, definitely not
collections that a tank hose and size and exact replicas by for
the original law. We don't want to be known for listing
copycat projects or stealing still not. Well, let's probably
call it out to be in future. We'll probably just automate the
whole thing and have someone click the button and review the
the collection itself and see if it needs right for the
platform. And say it can be on an individual basis with the
collections to pass them on right now. It's probably a good
time then on Smith collection because we'll just probably
approve it.
All right, anybody else want to come up? Feel free. This is not
a question. I wasn't here the last 20 minutes. Are you planning
to update the website? Let's just say for like a full year
and then leaving the website or do you have like really long
terms to update in this?
I'm say we'll update the sites as long as ordinals is taken
away from all the ordinal ecosystem boys are tomorrow.
If there's some we'd love, then we'll probably accept as well.
That's we stand we are committed to updating the website for as
long as it needs to.
Yeah, I mean, how's the experience been for you? I mean,
if you were you working a lot on Bitcoin in the past and has it
been pretty seamless to, you know, just move over to a
different to Litecoin? I know they say it's a lot like pretty
much a copycat, right?
Yeah, so we haven't done any work in regards to ordinals on
Bitcoin. Well, we've done NFT projects on Ethereum and the
Binance Smart Chain. So I guess it's kind of similar process
except of Incept instead of using smart contracts, you're
using partialists on Bitcoin transactions, which makes it a
little bit more difficult because of work that counts off
Chain encounters set and forget you to run infrastructure and
everything else.
Okay, I don't understand that part. You're saying what now
because of the because of the partially signed Bitcoin
transaction aspect of it, it requires more, you have to
maintain it a little more.
Correct. So Bitcoin, Litecoin, Dogecoin, all these ordinal
ecosystems require more infrastructure than what you would
have similarly online Ethereum.
Are you currently like in the mode of recruiting creators?
Or you're not, that's not your game.
That's probably not what we're off saying.
But we welcome all creators to list on our platform if they
decided they could fit for them. We want to use a platform
with, use a chain that has white fees. There's a lower entry
curve for someone to buy your artwork and this is probably the
place to do it. It's doing it both swear, say Ethereum as well
has quite high fees. It's probably not something that I
can ask. Maybe you'd better do a woman to it. Maybe they want
to get more inspiration on these platforms. But that's not for us
to decide where they're going. So they're probably not going to
put out an old advertising campaign. You say come, come list
with us. That's not our plan. We just want to create a good
technical platform that people can trade with.
So are you okay? So are you okay? For example, if I do any
merchandise and then donate some of it to you guys, because I
really think this is the best website the Litecoin blockchain
has had. I don't know. I think I heard you say you're not into
the marketing thing. But I think people seeing some type of
like, like what Underground said merchandise or something like
that, it will create more clicks.
Yes, that means cheering away. Because we'll see. Do you have a
way? Do you have a way of seeing where your users are? Where
they're located? Oh, let me check. Yes. And you know where
traffic's coming from, right? I'll pull up my dashboard, which
shows up where visitors are coming from.
Like high pitch for like five minutes, because it might be a
lot funnier. One second, let me know.
The low distortion, you already have a low voice is a little
tough to understand, to be honest with you.
I just want to hear you sound like a mouse forever. But yeah,
I mean, I'm glad I said, Oh my god, you sound like a chicken
now. It's actually perfect. It looks like it's new sitting
by the door.
Like welcome to chicken market. How can I help you find my eggs?
I want all these eggs sold today.
Oh, dude, you're a thousand times more entertaining already.
Word of advice. Stick with it.
I'm not going to do it.
I'm not going to do it.
I'm not going to do it.
I'm not going to do it.
I'm not going to do it.
I'm not going to do it.
I'm not going to do it.
Oh, dude, you're a thousand times more entertaining already.
Word of advice.
Stick with it.
A little bit too easy to reverse if someone changes the pitch.
It might be okay, we'll see.
I don't think people are that worried about it, dude.
Eventually, you know, this is this is part of the crypto
space that is adding up for debate.
debate. Some people like, you know, the anonymity I think is important. Yeah. But definitely
when people start showing their face and their name, it does lend some credibility to it.
You know, you earn credibility faster, but only through proof of like actually being
fair and honest. Do you get real credibility? Yeah. We think we can do that without showing
ourselves. Um, we, we don't want to give our way. Um, who we are just because it comes
with an actual layer of criticism and people might feel the need to like attack us personally
if we do something wrong. Um, we don't want that. We want to be, we want to be like a
community that supports each other. We're not here to get harassed and we know this
space can be quite toxic if that starts to happen. All right. Okay. That makes sense.
Um, yeah, I'm again, anybody else has got any questions. I'm looking forward to,
God, I'm looking at these nations apes. I like these. I'm, I feel like I'm going to go on a
shopping spree and I don't even know why it's funny. It's funny. Cause I remember when I was,
we were first talked about NFTs. I was definitely a doubter at the beginning. I was like, I don't
get it. And I think for the most part, a lot of it's just like, yeah, obviously I don't want,
I hate the word scam because I don't think there's anything scammy about it. It's all free market.
People can do where the fuck they want with their money. Right. But I didn't understand the values.
Like it just makes no sense. But over time I've gotten understand kind of, it's a lot about the
community and there are some of these collections that have almost like this kind of fun culture
about them that the people want to be a part of it, you know? And the picture is just a representation
of something else. There's like a deeper thing to it. And I'm hopeful that as time goes on, like,
these things are used for, I don't know, I want to say more legitimate reasons, but more like,
I don't know, like the stuff I've seen where, you know, you get to be part of a club and it gets
you access to certain things or even maybe even like certain people in a way, like prominent
members of a community. It sounds silly, but it's reality. And it's just foreign to people my age,
you know? Yes. It's taking some time to catch up to it because I know my kids are, I look at my kids
playing games and that people grow up in this digital world and your, your PFP is like your,
it is your personality. People, people want to have status and we can't blame them. But we might do
an airdrop one day. It's not something we have planned for the short term, but maybe whatever
you're holding, if you've, if you have an address that's traded on chicken market, we'll,
we'll drop you something nice. That's obviously time will tell. It's never too early.
If it's going to be the chicken itself, it's gonna, if it's the chicken itself,
since I'm your first interviewer, I'll take a naked chicken.
Want naked chicken coming right out. I want naked.
Maybe even like with, you know, like when he takes his pants off, it's like,
Whoa, whoa, whoa, whoa, whoa, whoa. It's like, it's better.
Feathers fell off its ass. Or like these legs are like bear.
Going back to the, you just want to cover that real quick. So predominantly I use this coming
from France. Thank you to our French listeners out there. Really? French, Germany, India,
United States is top for the past 24 hours. Let's look at, let's go further back.
India is up there, Hong Kong, not much activity in China. I thought they would have been a bigger
market, but. We're into the LC, the LTC 20 stuff, man. Yes. So we have something nice planned for
them soon. Yes, I think that'll be, that'll be a lot of fun, man. I think we're gonna,
I have a token I've yet to, I just haven't spent the time to mince it out when it hits the market.
Oh boy. You guys better look out. Excellent. Anyways, I think that's all we have time for.
So if there's any last questions, we'll take them now. Yeah. Anybody else want to come up an AMA,
ask the chicken anything? I was wondering about your telegram link on your,
on your X profile. I keep clicking on it, but it says that user does not exist when it takes me to.
Oh yeah. So funny thing about that is three days after creating that, I got my number got banned.
So we're going to have to come up with another plan for what we're going to do about telegram.
We're trying to get it by submitting telegram support requests. And I think they have a team of
probably two people getting through millions of requests because they haven't responded to us at
all. We might just have to buy a new number and go from there. But we do have a Discord set up.
It's ready to go. It's been sitting there idle for about a couple of weeks now. We didn't want
to use it because it's not the best. We find that Discord's all right, but we don't know what I have
to do with multiple channels and answering like thousands of support questions on there.
I prefer to do that. The telegram is much more streamlined.
I get that. Yeah. And something that chief brought up to real quick,
I was just going to mention it. Like if you all ever offer a way for like collection or builders,
to advertise their collections on your site, I think that might also be something cool.
Yeah. We're considering all options right now. We want to include royalties as well for original
collections. So we may allow copycat collections, but only original collections will be able to
take royalties. All right. I'll ask because I'm curious. You guys want investors?
We're not looking for investors right now. All right. Thought I'd ask. You looking for promoters?
Maybe. We prefer natural growth. Yeah. You're going to get natural growth. I'm convinced of that.
I'll promote you guys for free. I'm excited. I'm like other competitors who are saying that's
really like to pump their numbers with fake people and have zero engagement on their content.
We're not going to name those people, but they know who they are.
All right. And then, uh, do you, uh, if you want to sign off with any sort of, uh, chicken related
content, uh, you're welcome to do so. And then I'll, I'll shut up shop because no one else is,
uh, coming up here, but I appreciate it. And I think we should do this again,
like in a month, if you don't mind. No worries. We'll, we'll see how we go with, uh, how things
are. And if we, if we become like a huge sensation on the Litecoin blockchain, then we'll be happy to
come back. But if we die a headless chicken in a barn somewhere, then we will probably just disappear
and never to show our faces again. Yeah. I don't think that's going to happen. I don't think
ordinal is going away. I'm soon at all. Thanks for enjoying eggs.
All right. Perfect. Thanks man. All right, everybody. Uh, thanks for joining. Uh,
yeah, I'll just leave it at that. Everybody have a good week weekend and, uh, I'll see you next. Oh,
if you're new to me next Wednesday at nine o'clock, uh, I'm always doing my spaces. So
I'll see you guys later. Have a good one.